Across
- 6. is a healthcare plan for low-income people
- 8. covers ships at sea
- 10. This the person named in the policy to receive benefits paid by the insurer in the event of a loss.
- 14. pays you benefits when you can't work because of a disability
- 19. the peril, loss, or event insured against
- 20. contract with doctors and other healthcare professionals to provide healthcare services for their members. Members pay monthly premiums and must choose from a list of doctors provided
- 22. protects against losses related to home ownership such as fire,windstorm, burglary, and injuries suffered by other persons while on the property
- 23. contract under which the insurance company agrees to compensate you for a specific loss.
- 25. a group of healthcare providers, such as doctors or hospitals,who provide care for groups of employees at reduced rates. PPOs are usually sponsored as part of an employer's group health plan. Employees choose among the healthcare providers on the PPO list when they need treatment
- 26. a form of straight life insurance, allowspolicyholders to change the terms of the policy as their needs change
- 28. a guaranteed retirement income that is purchased by paying either a lump-sum premium or making periodic payments to an insurer
- 30. the amount of money you can take by either borrowing against or cashing in the policy
- 31. a possibility of losing something of value if the insured should die
- 32. an attachment to an insurance policy that modifies the policy's terms
- 33. the person who bought the policy
- 34. A cost-sharing provision requires the insured to assume a portion of the cost of covered services.
Down
- 1. the amount of money a beneficiary would receive if the insured died
- 2. insurance company
- 3. a federally funded health insurance program,ppl over 65 with social security are eligible
- 4. contract in which the insurer promises, for a stated premium, to pay a sum of money if a piece of your property is destroyed
- 5. gives you temporary protection until a policy is issued
- 7. is the written contract between a person buying insurance and the insurance company that sells it.
- 9. covers goods that were moved by land carriers such as trains and airplanes
- 11. one that insures prop. that cannot be covered by specific insurance bc its value/ location is constantly changing
- 12. is issued for a particular period, usually five or ten years.
- 13. an insurance contract that provides monetary compensation for losses suffered as a result of someone's death.
- 15. whose life/ property is insured
- 16. allows you to stop paying premiums after a stated length of time—usually 10, 20, or 30 years. The beneficiary will receive the amount of the policy upon the death of the insured
- 17. protects you against loss of personal property, liability for visitor's personal injury, and liability of negligent destruction for rented premises.
- 18. provides protection for a stated time, generally 20 to 30 years. The face value of the policy is paid to the insured at the end of the agreed period. If the insured dies before the end of the agreed period, the full amount is paid to the beneficiary at the time of death.
- 21. the amount of money you pay to the insurance company for insurance coverage
- 24. requires the payment of premiums throughout the insured's life
- 27. covers losses suffered directly from a fire
- 29. payments by insurance companies to beneficiaries for losses covered by the policy